OBS Pakistan amalgamates AGP with AitkenStuart

It is pertinent to mention that rumours had been circulating that OBS Pakistan was going through major restructuring and this acquisition by Searle comes as a surprise for the market.

OBS Pakistan to acquire Globe Textile Mills Ltd

OBS Pakistan (Private) Limited, a pharmaceutical company, through the newspaper advertisement, has shown its interest to acquire 14,891,829 ordinary shares of Globe Textile Mills Limited.

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and form a...

Descon Oxychem successfully conducts customer success workshops

LAHORE: As part of their dedication to upholding the highest standards in customer service, Descon Oxychem Limited organized Customer Success Workshops (CSWs) in Lahore,...

PSQCA issues notice to beauty cream manufacturers over health concerns

Faiza Beauty Cream causes skin cancer, other diseases

Urea inventory falls to five year low as crisis looms

LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000 tons last...

AkzoNobel Chemicals (SMC-Private) starts independent operations in Pakistan

LAHORE: AkzoNobel has announced that AkzoNobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan. Operations in Pakistan as an independent entity will...

PCMA calls for joint ventures with Saudi Arabia in petrochemical projects

Pakistan’s chemical imports constitute around 17 percent of the total import bill

Ittehad Chemicals ion exchange membrane plant commences operations

In December last year, Ittehad Chemicals Limited and Punjab Board of Investment and Trade had signed a memorandum of understanding (MoU) to establish a state-of-the-art facility, valued at $40 million

Chemical, Pharma exports down 25 per cent in May

Chemical and Pharmaceuticals exports during the month of May clocked in at $70.170 million, down 25 per cent from April’s exports of $93.259 million.

Akzo Nobel to return 5.5 billion euros to shareholders after division sale

Akzo sold its chemicals division for 10.1 billion euros to Carlyle Group in March, generating net proceeds of 7.5 billion euros

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Pakistanis should expect substantial decrease in salaries in 2020

The people of Pakistan are the only nation in the Asia-Pacific who will record a substantial decrease in salaries made next year on the...

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Saudi Aramco IPO’s institutional tranche oversubscribed: source

RIYADH/DUBAI: The institutional tranche of Saudi Aramco’s initial public offering (IPO) has been oversubscribed while the retail portion has received a little more than 10...